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IFSC Code of Indian Bank, D B Gupta Road, Delhi, Delhi — IDIB000D006

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Bank for its D B Gupta Road branch in Central Delhi, Delhi, or Delhi, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Bank located in Central Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDIB000D006. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Bank, D B Gupta Road, Central Delhi

Here are some of the key details that come with the IFSC Code IDIB000D006 of Indian Bank for its branch located in Central Delhi, within the district of Delhi in the state of Delhi.

Particulars Details
Bank Indian Bank
IFSC Code IDIB000D006
Branch D B Gupta Road
City Central Delhi
District Delhi
State Delhi
Address 2/7 D B Gupta Road Paharganj Delhi Paharganj Pin 110055

These details are important not only for users using online banking but also for businesses and individuals who use Indian Bank in Central Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDIB000D006 for the D B Gupta Road branch of Indian Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Indian Bank located in D B Gupta Road, Central Delhi, Delhi, is provided a unique IFSC like IDIB000D006 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Indian Bank branch in Central Delhi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Central Delhi and Delhi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Delhi and the rest of India, the IFSC Code ensures that transactions meant for Indian Bank in D B Gupta Road do not get misguided to another person.

Format of the IFSC Code IDIB000D006

The format of the IFSC Code for banks, including Indian Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Indian Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as D B Gupta Road in Central Delhi.

For example, the IFSC Code IDIB000D006 of Indian Bank for the D B Gupta Road branch includes these elements, identifying the bank and the branch location in Central Delhi and Delhi accurately.

How to Find IFSC Code for Indian Bank?

If you are trying to find the IFSC Code IDIB000D006 of Indian Bank for its D B Gupta Road branch located in Central Delhi, the following methods can help:

Cheque Book

The cheque books that are issued by Indian Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Indian Bank branches in Central Delhi and Delhi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Bank and find the branch locator section. Search for D B Gupta Road or Central Delhi to get the exact IFSC Code IDIB000D006.

Mobile Banking App

If you use Indian Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Indian Bank and Central Delhi that will provide accurate information.

How to Use IFSC Code IDIB000D006 for Online Transfers?

Once you have the IFSC Code IDIB000D006 for the D B Gupta Road branch of Indian Bank in Central Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDIB000D006. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Indian Bank IFSC Code IDIB000D006.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Bank D B Gupta Road in Central Delhi may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Indian Bank in D B Gupta Road, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Indian Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Central Delhi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Bank in D B Gupta Road, Central Delhi?

The IFSC Code is IDIB000D006.

Is the IFSC Code IDIB000D006 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Bank D B Gupta Road?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the D B Gupta Road branch?

The address of the branch is 2/7 D B Gupta Road Paharganj Delhi Paharganj Pin 110055 located in Central Delhi, Delhi, Delhi.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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